GMP IPO Watch
Adon Agro Commodities IPO 2026: Price Band, GMP, Subscription Status, Financial Performance and Complete IPO Review
Adon Agro Commodities IPO opened for subscription on 29 June 2026 and has emerged as one o...
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SME IPO
LISTED
BSE SME
ADON
Adon Agro Commodities IPO
Adon Agro Commodities IPO details, live grey market premium (GMP), dates, price band, lot size, subscription & review.
Live GMP Today
₹8.25
+11.8%
Est. Listing: ₹78.25
Price Band
₹66 - ₹70
Per equity share
Lot Size
2000 Shares
Min Invest: ₹2,80,000
Issue Size
₹44.03 Cr
Total Public Offering
Issue Dates
28 June 2026 – 30 June 2026
Bidding period
Subscription
1.34x
Total overall demand
Adon Agro Commodities IPO Details
Key facts at a glance| IPO Open Date | 28 June 2026 | IPO Close Date | 30 June 2026 |
|---|---|---|---|
| Basis of Allotment | 1 July 2026 | Listing Date | 5 July 2026 |
| Price Band | ₹66 - ₹70 per share | Face Value | ₹10 per share |
| Market Lot Size | 2000 Shares | Min Investment (Retail) | ₹2,80,000 |
| Total Issue Size | ₹44.03 Cr | Issue Type | Book Built Issue IPO |
| Fresh Issue | — | Offer for Sale (OFS) | — |
| Listing At | BSE SME | Issue Category | SME Issue |
| Registrar | TBA | ||
Adon Agro Commodities IPO Timetable (Tentative Dates)
| Event | Tentative Date | Status |
|---|---|---|
| IPO Open Date | 28 June 2026 | Confirmed |
| IPO Close Date | 30 June 2026 | Confirmed |
| Basis of Allotment | 1 July 2026 | Tentative |
| Initiation of Refunds | 3 July 2026 | Tentative |
| Credit of Shares to Demat | 3 July 2026 | Tentative |
| IPO Listing Date | 5 July 2026 | Tentative |
| Cut-off time for UPI Mandate Confirmation | 1 July 2026 (5:00 PM) | Deadline |
* Note: Timelines are tentative and subject to regulatory confirmation. UPI mandate approvals must be completed by 5:00 PM on the IPO closing day.
Adon Agro Commodities IPO Lot Size & Investment Details
Application limits for Retail and HNI investors| Application Category | Lots | Shares | Amount (at Cut-off) |
|---|---|---|---|
| Retail (Min) | 2 Lots | 4,000 Shares | ₹2,80,000 |
| Retail (Max) | 2 Lots | 4,000 Shares | ₹2,80,000 |
| S-HNI (Min) | 3 Lots | 6,000 Shares | ₹4,20,000 |
| S-HNI (Max) | 7 Lots | 14,000 Shares | ₹9,80,000 |
| B-HNI (Min) | 8 Lots | 16,000 Shares | ₹11,20,000 |
Adon Agro Commodities IPO Live GMP & Movement History
Daily unofficial grey market trends
Current Grey Market Premium
₹8.25 +11.8%
Estimated Listing Price
₹78.25
| Date | IPO GMP (₹) | Estimated Listing Price | Estimated Listing Gain (%) |
|---|---|---|---|
| 30 Jun 2026 | ₹0 | ₹70.00 | +0.00% |
| 29 Jun 2026 | ₹0 | ₹70.00 | +0.00% |
Disclaimer: Grey Market Premium (GMP) figures are purely unofficial and indicative rates traded in the unregulated grey market. GMP is highly volatile and does not guarantee the actual listing price. Always consult a SEBI registered investment advisor before bidding.
Adon Agro Commodities IPO Subscription Status
Demand breakdown by investor category
Retail
0.84x
QIB
22.47x
NII / HNI
—
Total
1.34x
About Adon Agro Commodities
Adon Agro Commodities Limited operates in the agro-commodity trading and processing sector, mainly focused on dry fruits, nuts, seeds and berries. It sources products from India and overseas markets, including the UAE, Afghanistan, Chile, the USA and Sri Lanka, and sells them as bulk traded goods or after processing, packing and branding. Its products include almonds, cashews, walnuts, pistachios, raisins, dates, apricots and related dry-fruit items, including processed variants and customised assortments. The company generates revenue through containerised bulk sales, wholesale sales, modern trade, export sales, direct-to-consumer channels, government/institutional sales and services such as almond-shell breaking. It also sells processed and packed dry fruits under its proprietary brand, “Hunger Nuts”. The RHP describes the business as moving from a trading-focused model to an integrated model covering sourcing, processing, packaging and multi-channel distribution.
Key Strengths
- Operates an integrated business model covering sourcing, importing, processing, packing and distribution of dry fruits and nuts.
- Sources products from multiple domestic and international markets, supporting a diversified procurement network.
- Markets processed products under its own “Hunger Nuts” brand across B2B, wholesale, retail and D2C channels.
- Has an established distribution network through APMC Navi Mumbai, intermediaries and third-party distributors across India.
- Maintains internal quality control processes to ensure products meet defined quality standards before sale.
Key Risks
- A significant share of revenue depends on a limited number of customers, and losing key customers could impact the business.
- The company does not have long-term agreements with its customers, making revenue less predictable.
- Competition from organised and unorganised suppliers may reduce market share, revenue and profitability.
- Dry fruits are susceptible to spoilage and contamination, which could lead to regulatory action and reputational damage.
- The business is seasonal, and demand depends on festivals and the marriage season.
Adon Agro Commodities IPO Reservation & Share Quotas
Adon Agro Commodities IPO has allocated shares across various investor categories as per the applicable SME IPO regulations. The issue provides participation opportunities for Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), and Retail Individual Investors (RIIs).
The majority of the issue has been reserved for retail investors and high-net-worth investors, while a smaller allocation has been earmarked for institutional investors. The final allotment in each category will depend on the level of subscription received during the IPO bidding period.
| Investor Category | Share Offered | Shares (%) |
|---|---|---|
| Anchor Investor | – Shares | -% |
| QIB (Excluding Anchor) | 64,000 Shares | 1.02% |
| NII Shares Offered | 29,60,000 Shares | 47.06% |
| Retail Shares Offered | 29,50,000 Shares | 46.90% |
Adon Agro Commodities IPO Important Dates
The Adon Agro Commodities IPO will open for subscription on June 29, 2026, and close on July 1, 2026. Investors can place bids for shares during this subscription window through their brokers or online trading platforms.
The company is expected to finalize the basis of allotment on July 2, 2026. Refunds for unsuccessful applicants and credit of shares to successful investors' demat accounts are scheduled for July 3, 2026, while the shares are proposed to be listed on the BSE SME platform on July 6, 2026.
| IPO Activity | Date |
|---|---|
| Adon Agro Commodities IPO Open Date | June 29, 2026 |
| Adon Agro Commodities IPO Close Date | July 1, 2026 |
| Basis of Allotment | July 2, 2026 |
| Refunds Initiation | July 3, 2026 |
| Credit to Demat Account | July 3, 2026 |
| IPO Listing Date | July 6, 2026 |
| IPO Bidding Cut-off Time | July 1, 2026 – 5:00 PM |
Adon Agro Commodities IPO Important Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 29 Jun 2026 |
| IPO Close Date | 01 Jul 2026 |
| Basis of Allotment | 02 Jul 2026 |
| Refunds | - |
| Credit to Demat Account | - |
| IPO Listing Date | 06 Jul 2026 |
Note: The timeline for এডন এগ্ৰো কমোডিটিজ IPO is tentative and subject to change.
Adon Agro Commodities Objects of the Issue & Utilisation of Proceeds
Adon Agro Commodities Limited intends to utilize the proceeds from the IPO primarily to strengthen its working capital position and support future business expansion activities. The agro commodities business generally requires significant working capital due to inventory management, procurement cycles, and trade receivables.
The company plans to deploy a major portion of the issue proceeds towards meeting its incremental working capital requirements, which is expected to improve operational efficiency and support higher business volumes. The remaining funds will be utilized for general corporate purposes.
| Purpose | Amount |
|---|---|
| Funding Incremental Working Capital Requirements | ₹32.00 Cr. |
| General Corporate Purpose | ₹- |
Adon Agro Commodities Objects of the Issue & Utilisation of Proceeds
To Be Updated Soon
Adon Agro Commodities Company Financial Report
Adon Agro Commodities Limited has reported strong financial growth over the last few years, supported by increasing business volumes and expansion in the agro commodities trading segment. The company has demonstrated substantial growth in revenue while improving profitability and asset strength.
The financial performance for January 2026 reflects a significant jump in revenue and profit compared to previous financial years, indicating strong momentum in business operations and improved operational efficiency.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2023 | ₹22.33 | ₹22.21 | ₹0.09 | ₹3.65 |
| 2024 | ₹72.92 | ₹70.36 | ₹1.79 | ₹20.22 |
| 2025 | ₹103.04 | ₹93.11 | ₹7.22 | ₹39.11 |
| January 2026 | ₹287.33 | ₹258.18 | ₹21.55 | ₹86.43 |
Adon Agro Commodities Company Financial Report
To Be Updated Soon
Adon Agro Commodities Company Valuation & Key Performance Indicators
To Be Updated Soon
Adon Agro Commodities Peer Group Comparison
To Be Updated Soon
Adon Agro Commodities IPO FAQs
Adon Agro Commodities IPO opens for subscription on 28 June 2026 and closes on 30 June 2026.
The price band for Adon Agro Commodities IPO is set at ₹66.00 to ₹70.00 per share.
The minimum market lot size is 2000 shares. A retail investor can apply for a minimum of 1 lot requiring an investment of 4,000 Shares (₹2,80,000).
The latest Grey Market Premium (GMP) for Adon Agro Commodities IPO is ₹8.25. GMP represents the unofficial premium at which shares trade prior to listing.
The basis of allotment for Adon Agro Commodities IPO is tentatively scheduled for 1 July 2026, and shares are expected to list on the stock exchanges on 5 July 2026.
The registrar details will be confirmed in the official prospectus.
Adon Agro Commodities IPO Analysis & Articles